Farmers State Bank

Nacha Announces Board of Directors for 2024, Reflecting Expertise in the Payments Industry

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星期三, 一月 24, 2024

Nacha announced its Board of Directors for 2024, featuring accomplished professionals representing a wide array of backgrounds within the payments ecosystem.

Key Points: 
  • Nacha announced its Board of Directors for 2024, featuring accomplished professionals representing a wide array of backgrounds within the payments ecosystem.
  • The Nacha Board provides strategic guidance related to the modern ACH Network and the governance of Nacha as an industry association.
  • "I want to thank each member of the Board of Directors for their commitment to serve," said Jane Larimer, Nacha President and CEO.
  • "I am honored to lead such a distinguished group of professionals who are dedicated to advancing the payments industry," said Joe W. Hussey, Nacha Board Chairperson.

VizyPay Releases Second Quarter 2023 Operational and Financial Highlights

Retrieved on: 
星期二, 七月 11, 2023

WAUKEE, Iowa, July 11, 2023 (GLOBE NEWSWIRE) -- VizyPay, a leading payment processing fintech that serves small businesses in rural America, releases the outcomes for the second quarter of 2023, showcasing consistent growth and demand for services.

Key Points: 
  • WAUKEE, Iowa, July 11, 2023 (GLOBE NEWSWIRE) -- VizyPay, a leading payment processing fintech that serves small businesses in rural America, releases the outcomes for the second quarter of 2023, showcasing consistent growth and demand for services.
  • Our four award wins this quarter undermark our commitment to staying loyal to rural American small businesses and we’re honored to be recognized on a national stage for it.”
    Second Quarter 2023 Operational and Financial Highlights:
    Payments Processed – In Q2 2023, VizyPay surpassed $5 billion in total payments processed for the company.
  • New Services – Always on the cusp of innovation, VizyPay introduced a new program in the second quarter, called Dual Pricing , to better serve its merchants and give consumers transparent options for their purchase costs.
  • For more information about VizyPay, and how to become a merchant or partner, visit www.vizypay.com .

Nacha Announces Board Officers and Directors for 2023

Retrieved on: 
星期三, 二月 1, 2023

Nacha today announced the addition of four new and two re-elected members to its Board of Directors.

Key Points: 
  • Nacha today announced the addition of four new and two re-elected members to its Board of Directors.
  • The Nacha Board provides strategic guidance related to the modern ACH Network and the governance of Nacha as an industry association.
  • “I am honored to welcome these distinguished payments leaders to our Board of Directors,” said Jane Larimer, Nacha President and CEO.
  • Nacha Board members that recently began their terms are:
    Jennifer Denoo, President & Chief Executive Officer, Great Basin Federal Credit Union.

Oklahoma-Based Community Bank Partners with Fintech to Modernize Lending

Retrieved on: 
星期三, 十月 12, 2022

Farmers State Bank and Teslar Software today announced their partnership to automate the banks commercial lending processes.

Key Points: 
  • Farmers State Bank and Teslar Software today announced their partnership to automate the banks commercial lending processes.
  • The Quinton, Okla.-based bank partnered with Teslar Software after being impressed by the sophisticated technology and hearing many positive experiences from peer banks.
  • Farmers State Bank plans to first leverage Teslar to better manage exceptions and past due loans and then gradually add other modules.
  • Farmers State Bank offers a wide variety of loans including agricultural lending, consumer lending and small business lending.

Fentura Financial, Inc. Completes Acquisition of Farmers State Bank of Munith

Retrieved on: 
星期三, 十二月 1, 2021

FENTON, Mich., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Fentura Financial, Inc. (OTCQX: FETM), the holding company for The State Bank, announced today it has completed its previously announced acquisition of Farmers State Bank of Munith.

Key Points: 
  • FENTON, Mich., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Fentura Financial, Inc. (OTCQX: FETM), the holding company for The State Bank, announced today it has completed its previously announced acquisition of Farmers State Bank of Munith.
  • Fenturas acquisition of Farmers State Bank of Munith will allow the combined company to promote community banking in a larger market area, including Ingham and Jackson counties, by extending The State Banks existing product lines and services to Farmers State Bank of Muniths markets, said Ronald L. Justice, President and CEO of Fentura Financial, Inc. and The State Bank.
  • We look forward to completing the integration of The State Bank and Farmers State Bank of Muniths systems in the 1st quarter of 2022, Justice said.
  • Both The State Bank and Farmers State Bank of Muniths customer transactions will continue to be processed separately until information systems are converted.

Fentura to Acquire Farmers State Bank of Munith

Retrieved on: 
星期二, 六月 22, 2021

FENTON, Mich. and MUNITH, Mich., June 22, 2021 (GLOBE NEWSWIRE) -- The boards of directors of Fentura Financial, Inc. (OTCQX: FETM), the holding company for Fenton-based The State Bank, and Farmers State Bank based in Munith, today announced the execution of a definitive agreement by which Fentura Financial, Inc. (Fentura) will acquire Farmers State Bank (FSB) for $15.5 million in cash consideration.

Key Points: 
  • FENTON, Mich. and MUNITH, Mich., June 22, 2021 (GLOBE NEWSWIRE) -- The boards of directors of Fentura Financial, Inc. (OTCQX: FETM), the holding company for Fenton-based The State Bank, and Farmers State Bank based in Munith, today announced the execution of a definitive agreement by which Fentura Financial, Inc. (Fentura) will acquire Farmers State Bank (FSB) for $15.5 million in cash consideration.
  • Ron Justice, President & CEO of Fentura stated, We are excited for the opportunity to partner with Farmers State Bank and expand The State Bank into Ingham and Jackson counties.
  • It is heartening to me to note that The State Bank is actually twenty-four years older than Farmers State Bank, having been formed in 1898!
  • Farmers State Bank, founded in 1922, is an independent community bank committed to providing services to residents and businesses in Jackson, Ingham, Livingston, and Washtenaw Counties.